Posted To: Mortgage Rate Watch

After setting new records on Friday, Mortgage Rates are absolutely flat to start the week. That means that Best-Execution remains most appropriately at 3.875% although 3.75% continues to be as close as it's ever been to getting equal recognition. Depending on the scenario in question, lower rates are available and in rare cases, could make sense. If you didn't catch Friday's Article, which went into a bit more detail on how we determine "Best-Execution," it's worth a read. But the bottom line is really this: regardless of the actual interest rate levels, there's no other way to say the following: rates today and Friday are as low as they've ever been. How long will this continue? There's no way to know for sure, but we generally advocate a conservative approach with rates at all time lows....(read more)